Market Chief Finance Officer

CommonSpirit HealthWest Valley City, UT
11d

About The Position

You have a purpose, unique talents and now is the time to embrace it, live it and put it to work. We value incredible people with incredible skills – but your commitment to a greater cause is something we value even more. This is the heartbeat of our organization and your time will be spent in a supportive, team environment with resources to help you flourish and leaders who care about your success. The Market CFO for Greater Salt Lake is responsible for leading the operational finance function for the assigned regional market, including driving disciplined performance management (as a business partner with the Market President), creating critical financial analytics and performance management capability, overseeing Center of Excellence (COE) implementation and progress, and formulating market-based service-line strategy, as well as other supervisory duties as assigned by Region CFO or Market President as it relates to market management.

Requirements

  • CPA or Master’s degree in Finance, Business Administration or related discipline
  • Minimum of seven years of experience in healthcare finance, including five years leadership/management experience
  • Knowledge of the content, intent and application of regulations, policies, standards, operations, and requirements applicable to the business function(s) under designated scope of authority
  • Knowledge of the principles, practices, regulatory requirements and CommonSpirit Health policies applicable to budget administration, resource/expense control, employee supervision and performance management
  • Knowledge of the principles and practices of strategic business planning and continuous process/performance improvement
  • Knowledge of the healthcare industry in general, and of the vision, values, strategies, objectives, policies and systems of the organization
  • Knowledge of the concepts, practices and tools relating to statistical analysis and the development of program metrics

Responsibilities

  • Directs local market finance department, managing accounting, reimbursement, financial information systems and analytics, forecasting, planning and analysis functions.
  • Provides financial reports to market Board and Board committees as well as local management meetings.
  • Responsible for preparing market long-range strategic financial plans, annual market operational and capital budgets, and future forecasts.
  • Collaborates with local operations team in business units (e.g. hospital operations, medical group operations, and/or service lines) to formulate, refine, and operationalize key initiatives and tactics to ensure operational and financial success.
  • Owns market operational finance performance management at the business-unit level, provides insights, measures success, and coaches leadership on improvement opportunities.
  • Provides support to Region CFO for region and national finance meetings and reviews.
  • Partners with FP&A and FISA to conduct and interpret financial analysis to support FP&A decision making.
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